Rupee weakens below 84.50/USD for first time ever on dollar …
21 hours ago · Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May 24, 2024. ... Reuters, the news and media division of Thomson Reuters, is the world ...
Indian Rupee ends stronger vs US dollar amid selling pressure
12 hours ago · The rupee touched an intraday record low of 84.507 to a dollar, but ended stronger at 84.445/$1, despite the US dollar index strengthening to a two-year high, as the Reserve Bank of India (RBI) likely sold the greenback to cap further depreciation in the currency, traders said. The rupee also faced pressure as safe-haven dollar demand increased after the US Federal Reserve chair Jerome Powell ...
Rupee closes stronger, RBI intervention blunts impact of surging …
1 day ago · The rupee weakened to a low of 84.5075 against the U.S. dollar before closing at 84.4450, up 0.06% on the day. The currency was marginally lower week-on-week.
Exclusive: Indian cenbank asks lenders to cut speculative bets …
1 day ago · The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local currency, which is at ...
Indian rupee hits fresh low amid US dollar rally and ongoing FPI
1 day ago · The Indian rupee fell to 84.50 against the US dollar due to rising dollar strength, FPI selling, and geopolitical tensions. The dollar index surged 3.10% this month, while FPIs withdrew nearly ...
Rupee rises 6 paise to close at 84.44 against US ... - The Indian …
1 day ago · At the interbank foreign exchange, the rupee opened at 84.48 and touched an intraday low of 84.50 against the greenback. The unit ended the session at 84.44 (provisional) against the dollar, registering a rise of 6 paise over its previous close. On Thursday, the rupee depreciated 8 paise to settle at an all-time low of 84.50 against the US dollar.
Rupee: Indian Rupee, Latest News on Rupee, Find out why Rupee …
Rupee: Find latest Indian Rupee News on The Economic Times. Check why Rupee is falling or growing against Dollar, Rupee vs Dollar rate today.
Indian cenbank asks lenders to cut speculative bets against rupee ...
22 hours ago · The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local currency, which is at a record low, four bankers directly familiar with the development told Reuters. The rupee weakened to a record low of 84.5075 per U.S. dollar earlier in the day, pressured by portfolio outflows and a ...
Rupee weakens to record low pressured by foreign portfolio …
2 days ago · Foreign outflows from local equities hurt the rupee on Thursday as India's benchmark stock indexes, the BSE Sensex and Nifty 50 fell 0.5% and 0.7%, respectively, pressured by sharp declines in ...
INR USD: New Red Line for Indian Rupee After Record Lows
Aug 9, 2024 · The rupee fell to a new all-time low of 83.9875 per dollar on Thursday, and is down 0.7% this quarter. India’s central bank looks to have drawn a new line in the sand for the rupee at the...